Nostalgia Is Not a Strategy: Adapting the Investing Playbook to a Changing World Order | EP208
February 3, 2026
28 Mins
Mawer Canadian Money Market Fund
As at March 31, 2026
Morningstar Rating™ *:
N/A
Fund Managers:
Crista Caughlin, CFA
Series Start Date:
Mar 31, 1988
Fund Net Asset Value:
$477.50 million
Total Net Asset Value (Series A):
$57.80 million
Net Asset Value Per Unit:
$10.00
RRSP Eligibility:
Yes
Management Expense Ratio† :
0.52% (as at 31 Dec 2025)
Fund Code:
MAW103
Related Links
Quarterly Update | Q4 2025 | EP206
January 15, 2026
21 Mins
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What Does this Fund Invest In?
This Fund invests in government treasury bills and bonds and corporate obligations maturing in 365 days or less. The Fund will have a dollar weighted average term to maturity of no more than 180 days, subject to certain condition.
Investor Suitability
Investors seeking income from short term investments. Low risk.
Investment Strategy
Strategies used to achieve this Fund’s objective include interest rate anticipation, yield analysis, credit and spread analysis, and taking advantage of supply and demand anomalies.
Top Holdings
| Top Holdings | Weight (%) |
|---|---|
| Canadian Treasury Bill 0% June 17, 2026 | 7.2 |
| Province of Manitoba Canada T-Bill 0% May 6, 2026 | 6.3 |
| Nova Scotia T-Bill 0% April 2, 2026 | 5.7 |
| Province of Alberta Promissory Note 2026-04-10 | 5.2 |
| Province of British Columbia Promissory Note 2026-04-22 | 5.2 |
| Nova Scotia T-Bill 0% April 23, 2026 | 5.2 |
| Province of New Brunswick Canada T-Bill 0% May 7, 2026 | 5.2 |
| Province of Alberta Promissory Note 2026-06-24 | 5.2 |
| Canadian Imperial Bank of Commerce 4.9% April 2, 2027 | 4.9 |
| Bank of Montreal 1.55% May 28, 2026 | 4.2 |
| Province of Manitoba Canada T-Bill 0% April 22, 2026 | 4.2 |
| Newfoundland T-Bill 0% April 23, 2026 | 4.2 |
| Toronto Dominion Bk Depository Note 2026-07-08 | 4.1 |
| Royal Bk Cda Depository Note 2026-10-06 | 4.1 |
| Bank of Nova Scotia 5.5% May 8, 2026 | 3.9 |
| Province of British Columbia Commercial Paper 2026-06-04 | 3.1 |
| Nestle Capital Canada Ltd. Commercial Paper 2026-04-23 | 2.9 |
| Canadian Treasury Bill 0% July 2, 2026 | 2.7 |
| Enbridge Pipelines Inc. Commercial Paper 2026-04-17 | 2.5 |
| Canadian Treasury Bill 0% June 3, 2026 | 2.4 |
| Province of New Brunswick Commercial Paper 2026-05-14 | 2.1 |
| FortisBC Inc. Commercial Paper 2026-06-26 | 2.1 |
| FortisBC Inc. Commercial Paper 2026-04-27 | 1.7 |
| North West Redwater Partnership Commercial Paper 2026-04-09 | 1.0 |
| Nestle Capital Canada Commercial Paper 2026-04-09 | 1.0 |
Net Performance‡
As at March 31, 2026
| 1 Yr | 3 Yr | 5 Yr | 10 Yr | |
|---|---|---|---|---|
| Mawer Canadian Money Market Fund | 2.0 | 3.3 | 2.4 | 1.4 |
| FTSE Canada 91 Day TBill Index | 2.5 | 3.9 | 3.0 | 2.0 |
| Morningstar Rating™ | - | - | - | - |
| Number of Funds in Morningstar Category | - | - | - | - |
| Number of Holdings§ | 31 | |||
Current yield is 2.06% which is an annualized historical yield based on 7-day
period ended Sept 30, 2025. This does not represent actual 1-year return.
Bond Sector Weights
Canadian Treasury Bills
Commercial Paper
Corporate Bonds
Bank Deposit Notes
Cash
Related Links
Nostalgia Is Not a Strategy: Adapting the Investing Playbook to a Changing World Order | EP208
February 3, 2026
28 Mins
Quarterly Update | Q4 2025 | EP206
January 15, 2026
21 Mins
Disclaimers